Leap Wireless investor Harbinger sells shares, keeps 13.6% stake

By Lisa Kerner

Charlotte, N.C., June 3 - Leap Wireless International, Inc. shareholders led by Harbinger Capital Partners Master Fund I, Ltd. sold 300,000 shares of the company's stock on May 28 for $37.70 each, according to a schedule 13D/A filed with the Securities and Exchange Commission on Wednesday.

Harbinger and its affiliates beneficially own 10,525,000 shares, or 13.6%, of the San Diego-based provider of wireless services.

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